Livestock businesses are looking to secure farms from future hurricane calamities; Elon Musk is accused of fraud by the SEC; global trade expected to grow irrespective of the tariffs war.
Corporate and industrial borrowing in China in the third quarter of 2018 surged to the highest level since 2013, just as the US Administration gets ready to impose the largest round of trade tariffs so far, targeting $200 billion worth of goods. A progressively weakening economy likely means a return to old school stimulus in fixed asset investments. .
A surge in hydro-power, cleaner air in the Capital and a need to further stimulate the economy will see increased demand for seaborne coal supplies to China this winter. That is good news for freight.
The core of the trade pact, which allows American companies to operate in Mexico and Canada without tariffs, remains the same.
The trade tariffs spat between the U.S. and the rest of the world is having consequences at home, as importers and consumers have to contend with the rise in product prices in the country.
The curtains are coming down on the U.S.-China trade war, but all might not be well for the U.S., as the U.S. IP predation by Chinese companies seem to continue unabated.
In the wake of the House Appropriations Committee allocating just $250 million for port projects, the AAPA is demanding additional funding from the government, to keep up with the spike in growth of multimodal freight.
Amazon announced Tuesday it has joined with General Motors and Volvo Cars to start offering in-car deliveries, giving its couriers access to potentially millions of vehicles in 37 U.S. markets.
Soybean exports to China have been levied 25% additional tariffs as China hits back with tariffs on U.S. exports worth $50 billion annually.
China has increased tariffs by up to 25% on 128 U.S. products, in retaliation for the tariffs added by the U.S. last week. The Chinese tariffs target farm products, with the severely hit being pork exporters.
